Fintech Surge 2023, the highly anticipated global gathering for the fintech industry, is set to take place in Dubai from October 15-18. This event, held in conjunction with Expand North Star, will bring together over 100 exhibitors from more than 25 countries, providing a platform for the fintech ecosystem to connect and flourish.
The global fintech market has experienced remarkable growth in recent years, and it is projected to reach $949 billion by 2030, with a compound annual growth rate of 17.2% between 2022 and 2030. This surge in fintech innovation is driven by advancements in digital technologies, evolving consumer behaviors, relaxed regulations for non-bank financial services, and increased investments. Start-ups are now challenging traditional banks, and the pace of fintech innovation is rapidly accelerating.
Dubai, with its pioneering status as a leading fintech hub, is perfectly positioned to host this international gathering. The city’s regulatory framework continues to evolve to match the industry’s rapid development, and the recent launch of a $100.7 million venture capital finance fund by His Highness Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, is fueling the global expansion of start-ups.
Fintech Surge 2023 will feature two conference tracks, where more than 80 global leaders will discuss the latest trends and challenges driving the sector. The Digital Banking and Finance Summit will tackle crucial issues such as security breaches, compliance with global regulations, user retention, and the lack of mobile and tech expertise. Esteemed speakers from renowned organizations like Swift, Klarna, Mastercard, and Morgan Stanley will share their insights on global strategy, governance, digital trends, and capitalizing on investment funds.
In addition to the conference tracks, Fintech Surge also provides a valuable platform for start-ups to showcase their innovations and connect with potential investors. Recognizing the challenges faced by small and medium-sized enterprises (SMEs) in accessing funding, the event will launch the SME Elevate program, offering strategic guidance, investment insights, and partnership opportunities. Global leaders will discuss innovative solutions for SME financing and how fintech can empower businesses to navigate the financial landscape.
With over 1,000 investors expected to attend, Fintech Surge remains a leading platform for the global fintech ecosystem. Industry-leading organizations such as Mastercard, Emirates NBD, and Geidea Technology LLC are among the sponsors for the 2023 edition.
Overall, Fintech Surge 2023 in Dubai promises to be a transformative event, driving global collaboration and shaping the future of the fintech industry. As the industry continues to thrive and disrupt traditional financial services, this gathering will serve as a catalyst for innovation and partnerships. With its comprehensive conference tracks, focus on SME empowerment, and engagement with international investors, Fintech Surge is poised to accelerate the growth of the fintech ecosystem and ignite financial innovation.
